Certification Programs

NUS RMI-ACTS Workshop in FX and Liquidity Risks Management in APAC

17 - 18 April 2023

NUS RMI-ACTS Workshop in FX and Liquidity Risks Management in APAC

Program Synopsis / Overview

In this course, we shall present an outline of the daily life in the Corporate Treasurer, what are the typical roles and responsibilities. We will share some typical workflow and operational activities in our daily work. i.e FX exposures, cashflow forecasts and liquidity reports are one of the main reports that Treasurers look at and monitor.

As Treasurers, we will have to manage the financial risks like cashflow, FX, IR, funding and it is our responsibility to ensure that operationally the organisation is protected and funded without hiccups and gaps.

Asia Pacific region is home to many interesting markets whereby the currencies usage is restricted, market liquidity is limited, and cross border fund transfers are not straightforward.

Treasurers need to have a good understanding of the market colors and stakeholders’ behavior, the currency liquidity and the hedging options available. As cash and liquidity managers, we need to know how to optimize our cash, structure our bank accounts and network, and proactively manage any restrictions on capital controls and movement of funds.

Learning Outcomes

At the end of the program, the participants will be able to:

  • Identify, Quantify and Benchmark FX & FX Market Liquidity Risks
  • Demonstrate a clear understanding of the overview, behaviour and constraints of FX Markets and Regulations
  • Demonstrate a clear understanding of the overview, depth & liquidity, costs & efficiencies of FX Hedging Products
  • Identify Cash & Funding Liquidity Risks and learn how to quantify and benchmark them
  • Illustrate the overview, regulations and solutions of Capital Controls and Cross Border Regulations
  • Demonstrate a clear understanding of overview, options, costs & constraints of Cashpool Structures and Liquidity Solutions

Entry Requirements / Pre-requisites

  • Finance, Accounting, Business related Degrees/Diplomas/Professional certifications
  • Buy side finance/treasury professionals
  • 3 – 5 years of finance/treasury work experience in SMEs or MNCs

Program Agenda

Section A: Overview of Corporate Treasury

  1. Typical Setup of Corporate Treasury
  2. Typical Role and Responsibilities of a Corporate Treasurer
  3. Typical Group Treasury Structure

Section B: Liquidity Risks and Cash Management

  1. Basics of Financial Risks Management
  2. Cash Management
  3. Liquidity Management

Section C: FX Risks Management

  1. The importance of FX Risk Management under socio-political uncertainty and volatile economic conditions
  2. What are the major types of risks? How they are managed or mismanaged?
  3. Why do treasury teams need to work harder than ever to manage FX risk?
  4. How to monitor and measure foreign exchange risk?
  5. How to manage foreign exchange risk?

Lecturers

Kan Chen

Deputy Director (Industry), NUS RMI and Professor (Practice Track), NUS RMI and Department of Mathematics

John Chen

Treasury Director (APAC), Honeywell

Felicia Foong

Regional Treasurer, Nestle Treasury Center Asia Pacific

Tingsong Ye

Chief Technology Offer, Sparks Systems

 

 

Program Date & Venue

17 - 18 April 2023

Shaw Foundation Alumni House (subject to prevailing Covid-19 situation)

Duration: 14 hours

Program Fee

S$1,900 (subject to 8% GST)

Note: Please hold payment/SkillsFuture Credit claims until further instructions.

SSG Funding

This program is eligible for SkillsFuture Singapore (SSG) funding claims subject to all eligibility criteria being met.

PROGRAM: NUS RMI-ACTS Workshop in FX and Liquidity Risks Management in APAC
International Participants Singapore Citizens1 Singapore PRs Enhanced Training Support for SMEs3
39 years old or younger 40 years old or older2
Full Program Fee $1,900.00 $1,900.00 $1,900.00 $1,900.00 $1,900.00
Less: SSG Grant Amount $0.00 $1,330.00 $1,330.00 $1,330.00 $1,330.00
Nett Program Fee $1,900.00 $570.00 $570.00 $570.00 $570.00
8% GST on Nett Program Fee $152.00 $45.60 $45.60 $45.60 $45.60
Total Nett Program Fee Payable, Including GST $2,052.00 $615.60 $615.60 $615.60 $615.60
Less Additional Funding if Eligible Under Various Schemes $0.00 $0.00 $380.00 $0.00 $380.00
Total Nett Program Fee Payable, Including GST, after additional funding from the various funding schemes $2,052.00 $615.60 $235.60 $615.60 $235.60

1All self-sponsored Singaporeans aged 25 and above can use their SkillsFuture Credit to pay for the program. Click here to view the program (Course Reference Number: TGS-2020513895).

2Mid-Career Enhanced Subsidy (MCES) - Singapore Citizens aged 40 and above may enjoy subsidies of up to 90% of course fees. MCES subsidy applies if you turn 40 on the year that you take the course, even if the course is completed on or before your birthday. More info.

3Enhanced Training Support for SMEs (ETSS) - SME-sponsored employees (Singaporean Citizens and PRs) may enjoy subsidies up to 90% of the program fee. More info.

4Eligible organisations (excluding government entities) may apply for the absentee payroll funding via SkillsConnect for Singaporean/permanent resident participants attending the program during working hours. The absentee payroll funding is computed at 80% of hourly basic salary capped at $4.50 per hour or $7.50 per hour for SME. More info.

Registration

Frequently Asked Questions

For enquiry, please contact rmitraining@nus.edu.sg